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The Great Reset

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Richard Florida is the day's last speaker at the London Conference, an annual gathering of influencers to debate the city's challenges and opportunities, in November 2012. The author of The Rise of the Creative Class has been cited -- by such diverse figures as David Cameron and Bono -- as an expert on how cities must evolve.

What does it take to revitalize Atlantic City and other places hit hard by the recession, the housing-market collapse and the vanishing manufacturing industry? Economist Richard Florida answers by looking at how this market upheaval differs from others in American history.

Marketplace Money looks deep into the mixed signals Americans get on saving (more) and spending (more). It’s a conundrum. Richard Florida thinks we’re in the process of solving the conundrum by changing the way we live.

Five recent Big Think Books come from brand name authors, each with major capacity to produce and distribute. This column provides a glimpse of key themes in each of these books including Richard Florida's, The Great Reset and some analysis of the controversial issues on which the authors agree and disagree.

Economic forces, regulatory pressure and the community’s desire for higher-paying jobs have combined to throw the future of the financial services sector into uncertainty. For financial services to thrive in Sioux Falls, a generation’s worth of thinking has to change, according to industry and community leaders.

Leadership Austin, a nonprofit offering leadership training programs for the community, invited bestselling author Richard Florida — who wrote “The Flight of the Creative Class” — to the University of Texas to discuss his newest book “The Great Reset.”

With so many business books being published each month, Investment News is often asked for recommendations. Richard Florida's, The Great Reset, makes their list of 30 favorite hardbacks published this year.

To Richard Florida, calling today’s economic woes the “Great Recession” doesn’t begin to describe the tectonic forces at work. He believes today’s recession is a “great reset” that will fundamentally change the work we do and the way we do it.

Florida points out that while it's a good thing for some people to buy a house,that doesn't mean everybody should own a home. Home ownership makes it harder for people to move for work, which carries a real cost.

Urban studies theorist Richard Florida came by the Big Think offices to talk about what he's coined "The Great Reset"—the effects of the economic crisis on our country, and how it is reshaping the way we live.

If - as the author Richard Florida and others contend – we are in the middle of the sort of change that followed the Long Depression and the Great Depression of the 1930s, then the usual measures to deal with economic downturns are unlikely to work.

We're going through what University of Toronto urbanologist Richard Florida calls "the Great Reset," the title of his new book. There is a realization that our consumption-based lifestyle will have to change if we're to enjoy a sustainable standard of living. Everything is being reevaluated during the Great Reset.

Local entrepreneurship, arts and cultural industries ... have become the core stuff of economic development, writes Richard Florida in The Great Reset: How New Ways of Living and Working Drive Post-Crash Prosperity. Please see the excerpt.

Richard Florida, who wrote a widely-quoted book about revitalizing cities by attracting "the creative class," has penned a new book about changes wrought by this financial crisis - especially in housing. It's titled "The Great Reset."

Richard Florida’s latest book, The Great Reset, looks at the lasting effects of economic recessions: how they’ve shaped our society in the past, and how the one we’re currently in will do so again over the next few decades. Jeremy's Dann's interview here with Richard Florida.

Every Great Reset has seen our system of housing change.The rate of home ownership has been on the decline for some time now. Many of those who still choose to buy homes will choose smaller ones, while many more will opt for rental housing. A further look at housing in America after the Great Reset.

In The Great Reset, a new book by bestselling author, professor and economic expert Richard Florida shows how the recovery will transform our jobs, housing, transportation, and even the American Dream. We will rent homes instead of owning them. We will have new forms of transportation and infrasctructure to speed the movement of people and ideas. We will live in more densely populated megaregions instead of what we now call cities and suburbs. The hard road to prosperity will bring new innovations that will change our lives for the better.

Richard Florida, best-selling author and director of the Martin Prosperity Institute at the University of Toronto, describes how today’s economic crisis will drive innovation that will change the way we live and work.

In the post-bust era, Florida envisions more and more Americans opting not to take on car and mortgage payments, choosing the flexibility of renting and the less stressful commutes of mass transit to free up funds for more culture, more experiences, less living space but more ways to express themselves. In other words, America might be ready to take on more of the qualities of another country entirely: New York City.

Richard Florida's upcoming book, The Great Reset, examines how the economic crash will reshape the way we work and live. We spoke with Florida about what makes a neighborhood great, why small communities need more political power, and the transformation of American suburbs.

Richard Florida, bestselling author of Who's Your City? and The Rise of the Creative Class, returns with a much-needed and original vision as we emerge from the economic downturn, illuminating the incredible opportunity our times present for rethinking our future.

Writing in The Atlantic, I argued that the economic crisis was reshaping America’s economic geography, with big city centers and mega-region hubs like New York City, talent-rich regions like greater D.C., and college towns weathering the storm relatively well, while Rustbelt cities and shallow-rooted Sunbelt economies being much harder hit.

The economic crisis appears to be causing a slight but noticeable shift from the suburbs to the cities, according to an analysis of recent Census data by Brookings demographer William Frey, reported in the Wall Street Journal.

Richard Florida's article in the Atlantic entitled, "How The Crash Will Reshape America" on why New York will remain as the world's financial capital and why, despite the projected growth of Asia's economies, we should not expect Shanghai, Hong Kong, or anywhere else to usurp it. At least not for an exceedingly long time.

Toronto’s economic development committee invited Prof. Florida, an American academic and author now at the University of Toronto’s Rotman School of Management, to enlighten on the way out of the current global financial crisis. Richard Florida went to Toronto city hall to tell councillors that improving the lot of service-sector workers is key to the city’s prosperity.

Michigan, the national leader in recession, depends on an auto industry that will never be as big as it was. So how does the Detroit area diversify? Who's hiring, or investing in something new? Morning Edition reports on Detroit's desperate race to replace the jobs that the automakers eliminate.

There's growing consensus this economic downturn is not only longer, deeper and nastier. It's becoming clear this recession may prove transforming, potentially changing us personally, regionally, nationally — even globally — in fundamental ways.Once we emerge from this financial firestorm, the Tampa Bay area will have changed. And if it has not, maybe it should.

Florida evaluates the current financial crisis in the context of previous convulsive shifts in the development of capitalism in the U.S., starting with the late 19th century–the original Great Depression. He argues that different phases in capitalist development engender and are enabled by specific geographies.

This month's Atlantic cover story posits that L.A. is one of the relatively few American places ideally situated to rise from the ashes of the recession. That's because L.A. is a high metabolism big city with a strong creative base, urban theorist Richard Florida argues.

Richard Florida, in The Atlantic Monthly article argues that the key to recovery from the housing bubble and financial crash is to remove homeownership "from its long-privileged place at the center of the U.S. economy."

Amid the global recession, some are predicting the decline of Las Vegas.The most serious-minded articulation of this viewpoint comes from renowned urban studies professor Richard Florida, who wrote the cover story, "How the Crash Will Reshape America," in the March issue of The Atlantic magazine.

Richard Florida’s piece in The Atlantic, “How the Crash Will Reshape America” suggests that the current economic crisis has the potential to remake the country’s economic geography in the same way that the crash of 1873 and the Great Depression did.

Might the crisis roiling the economy reshape the American landscape? Is it a turning point in the country's social geography? As the economy mends and growth begins anew, what cities or regions will be best-suited to take advantage of the change? Urban theorist Richard Florida has some interesting thoughts on those questions in a major piece in The Atlantic, and his answers are encouraging for Portland and the Northwest.

Florida, who is a scholar and the author of The Rise of the Creative Class, has become semi-famous in recent years for arguing that the U.S. economy is now based on the development and exchange of ideas, and that the best places for that to happen are those that attract and coddle creative, educated people. Places, in other words, like New York.Florida's Atlantic piece devotes special attention to New York.

Richard Florida's cover story in the Atlantic is on how the recession will change the geography of America. The winners? "Mega-regions, systems of multiple cities and their surrounding suburban rings like the Boston–New York–Washington Corridor".

Florida the urban theorist is making the case in this month’s Atlantic cover story “How the Crash Will Reshape America,” that success will depend on America becoming less like Florida the state, and more like Europe: fewer homeowners, smaller homes, more renters, denser cities, fewer cars. T

Interview with Conor Clarke, urban theorist Richard Florida explains why recession is the mother of invention. Which cities will rise and fall with investment banks and the housing market? Which regions will thrive, and which will start to look like latter-day Dust Bowls?